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NETC - Netcompany A/S News Story

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Sector
Technology
Size
Large Cap
Market Cap £3.14bn
Enterprise Value £3.20bn
Revenue £367.0m
Position in Universe 173rd / 1889

Netcompany - Transactions in connection with share buyback programme

Thu 11th November, 2021 10:21am
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Company announcement 
 No. 22/2021

                                                                                                            
11 November 2021

Transactions in connection with share buyback programme
On 4 November 2021, Netcompany Group A/S (“Netcompany”) announced that a
share buyback programme of up to DKK 50m and a maximum of 120,000 shares had
been initiated with the purpose of meeting Netcompany’s future commitments
under its LTIP programmes (RSU). The share buyback programme is executed in
accordance with EU Market Abuse Regulation, EU Regulation no. 596/2014 of 16
April 2014 and the provisions of Commission Delegated Regulation (EU)
2016/1052 of 8 March 2016 (the “Safe Harbour Regulation”). The share
buyback programme will end no later than 30 December 2021.

Transactions made under the share buyback programme will be announced through
Nasdaq Copenhagen on a weekly basis.

The following transactions have been executed in the period 4 November 2021 to
10 November 2021:

                                  Number of shares  Average purchase price, DKK  Transaction value, DKK  
 04-11-2021                       2,000             743.05                       1,486,100               
 05-11-2021                       2,000             747.62                       1,495,240               
 08-11-2021                       2,000             747.40                       1,494,800               
 09-11-2021                       2,200             747.55                       1,644,610               
 10-11-2021                       4,000             739.88                       2,959,520               
 Accumulated for the period       12,200            -                            9,080,270               
 Accumulated under the programme  12,200            -                            9,080,270               

Detailed information on all transactions under the share buyback programme
during the period is included in the attached appendix.

Following the above transactions, Netcompany owns a total of 770,918 treasury
shares corresponding to 1.54% of the total share capital.

Additional information

For additional information, please contact

Netcompany Group A/S

Thomas Johansen, CFO
+45 51 19 32 24

Tine K. Boye, General Counsel
+45 24 91 75 33

Attachments
*     22. Transactions in connection with share buyback programme
(https://ml-eu.globenewswire.com/Resource/Download/655a77a0-4bf2-4a84-8728-14462b868576)
  
*     22a. appendix details of transactions
(https://ml-eu.globenewswire.com/Resource/Download/d846929f-b973-466f-b395-d5abfbae5050)
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